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20121202
20121210
Search Results 0 to 6 of about 7 (some duplicates have been removed)
with tip o'neill. show the leadership to get in the room and make the changes. same as bill clinton did with newt gingrich. get in the room and make the changes that are needed to make this. look, we faced bigger problems before, and we have been able to overcome them. i believe we can do this one more time. >> senator, the politics of this are also quite interesting and also part of the calculation. the treasury secretary saying, sure, absolutely, the president will go over the cliff if that's what it takes. when push comes to shove, you really think that's the white house position? they want to risk recession as well just to drive home the point about raising taxes? >> the president wants to solve the problem. that's what he said during the campaign. that's what he is saying now. we cannot lurch as we have for the past two years from one crisis to another. think of all the times that sea party republicans and speaker boehner threatened to shut down the economy, shut down the government over the debt ceiling. if we're going to have the certainty for businesses to invest, for workers to
mind, you don't have to go back to the clinton era tax rates for this to be a workable deal. >> well, i think you do. >> all the way up? >> again, our proposal is to let those rates go back to clinton levels for 2% of the wealthiest americans. and combine that with tax reforms that limit deductions for the wealthiest americans. we think if you do that, alongside the spending savings, then you can put the country back on a much more responsible fiscal path. >> including getting rid of the mortgage interest deduction or the charitable giving deduction? do you think those have to be on the table and looked at? >> we have proposed -- and we did this four years ago -- a carefully designed way to limit modestly the value of all of those deductions for the wealthiest 2% of americans. there are other ways to do it. we can take a look at those ways. but there's no way you can do this in a balanced way that restores fiscal responsibility without tax rates going up. >> one of the things i've heard talking to republicans today is this notion that you want to take away congress' ability to have the
Search Results 0 to 6 of about 7 (some duplicates have been removed)